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breaking news. i apologize. it's regarding the "washington post." and mary thompson has that very interesting story. mary? >> really interesting. jeff bezos, the founder of, will be buying the newspaper publishing businesses of the "washington post" for $250 million. now, bezos is buying this with an entity that is his alone. this does not have anything to do with so it's basically a personal acquisition. the transition -- the transaction covers the "washington post," the newspaper, and other publishing businesses, including the express newspaper, the gazette newspapers, southern maryland newspapers, fairfax county times, greater washington publishing. what it doesn't include is slate magazine, the and foreign policy. they're not part of the transaction, and will remain with the "washington post" company, as will wapo labs and social code businesses. once again, jeff bezos is paying $250 million for the newspaper publishing businesses of the "washington post." he has asked katherine wamuth, the ceo and publisher of the "washington post," as well as
. not a lot of news. congress is out until september the 9th, and this is important, because washington is the financial capital of the world. when they come back in september, they're going to have nine days until -- nine working days until they have to deal with the continuing resolution for funding the government's expiration. that, i think, will be very important. it will add to the noise. the weak economic data. and i think the fed will not begin tapering, which would probably be good for stocks, in september. >> yeah. mike queen, terry duffy said something interesting, when we do get the news of the new fed chairman, we probably could see a sell-off in stocks as rates go higher. and obviously, some real activity around rates. do you think we see a stock market sell-off as rates move higher? >> i think it's not unreasonable to think the stock market's going to have a rough several weeks ahead of it with the fed chair uncertainty and the budget battle. but we spend most of our time working with affluent individual investors, and they really -- they're not focused on the when of inte
of washington is a dampener on all industrial and economic activity. the amount of time that -- >> i don't think so. >> huh? i beg your pardon? >> i don't think so. i think what's slowing the economy will be interest rates going high enough, that will slow the economy. i don't think -- the average american doesn't care about regulations. they carry what's in their wallet from one month to the next. >> the guy running the corporation -- >> he's not going to get a job if the employers are spending their time dealing with regulations -- >> we're not creating jobs. we're creating 192,000 jobs a month. it's not job growth. it's about 10,000 more a month. [ overlapping speakers ] >> oh, my god. >> -- the thing i've heard today is that the fed is doing a fakeout on all of this. >> all right. thank you, gentlemen. we appreciate it. over to jon fortt. >> reporter: maria, here's something everybody can agree on, and they are the details of the leadership changes at hp. bill veckti, chief operating officer, until now, takes over the enterprise group, and that includes oversight over all cloud efforts. dav
in washington. of course, over the debt ceiling, as treasury secretary jack lew, should be very concerned. >>> and with millions of college kids headed back to school this week, a panel of pros with savvy ideas how to pay the sky-high tuition bills. don't miss the second installment of our week-long series "school days: the changing face of college." >>> you're watching cnbc, first in business worldwide. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." >>> the situation in syria is taking its toll. look at the numbers, oil surging nearly 3% here in the united on concern, the u.s. may be inches closer to a potential military strike on syria, perhaps as early as thursday. kelly? >> bill, peter schiff is saying this is bad news for an already sluggish u.s. economy while david haile of davi
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on the underlying fundamentals of business. >> why do you think the powers that be in washington are not doing their part in terms of fiscal policy? you make all the right point. tax reform. burdensome regulation. >> i don't know. i don't know. whether you're a democrat or republican, your objective should be to put people back to work. put the american people back to work. >> exactly. >> and the one thing that is very clear, you can't count on the monetary authority to do more than we have done. we filled the gas tank, the engine, but no one is stepping on the gas pedal to the full extent to accelerate job creation and that is because of uncertainty. i don't understand this. if you are a d or an r, democrat or republican, you should want more job creation and we should reboot spending, become much more competitive. american businesses are more lean, more fit, more ready to roll to just let them out of the starti starting gate. who is the starting get in the congress of the united states. i said in a speech on monday, it would be like secretaryat, 31 lengths of any other horse behind us in the
. it would be washington consumption at its worst. he'll also get you up to speed on larry summers' chances of becoming the next chairman of the federal reserve. keep it right here. we're back in two minutes' too many. ♪ like a dog without a bone 5-20 and the better i am at them, the more i enjoy them. tdd#: 1-800-345-2550 so i'm always looking to take them up a notch or two. tdd#: 1-800-345-2550 and schwab really helps me step up my trading. tdd#: 1-800-345-2550 they've now put their most powerful platform, tdd#: 1-800-345-2550 streetsmart edge, in the cloud. tdd#: 1-800-345-2550 so i can use it on the web, where i trade from tdd#: 1-800-345-2550 most of the time. tdd#: 1-800-345-2550 which means i get schwab's most advanced tools tdd#: 1-800-345-2550 on whatever computer i'm on. tdd#: 1-800-345-2550 it's really taken my trading to the next level. tdd#: 1-800-345-2550 i've also got a dedicated team of schwab trading specialists. tdd#: 1-800-345-2550 they helped me set up my platform the way i wanted, tdd#: 1-800-345-2550 from the comfort of my home. tdd#: 1-800-345-2550 and we talked abo
news right now. want to get to washington and eamon javers. over to you, eamon. >> jack lu is speaking in front of an audience today. he was asked to talk about today's nasdaq outage. here is what he said. >> i can tell you that it was over and nasdaq is up and operating when we came out here a few moments ago. the securities exchange commission, which regulate the markets and nasdaq have been working all day on this. i've been kept informed through the day. and i'm glad to report that markets are up and running. >> maria, treasury secretary also said there are sometimes inherent risks to technology and bringing in enormous benefits. sometimes the machines simply break. he said there is a need for real redundancy and they need to practice for contingencies. and he also brought up there may be some kind of cyber attack or cyber crime. they are very aggressive on the issue of cyber threats. but so far from what he knows of right now, there's no reason from what i know right now to believe that today's incident has any of the more frightening aspects to it, but we will wait and see all th
today. >> from london to washington to damascus, concerns over the civil conflict continue to rage in syria. when we come back, ranking member of house committee on foreign affairs, eliot engels, on why he supports military action. d be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. >>> i have not made a final decision about various actions that might be taken to help enforce. but as i've already said, i have had my military and our team look at a wide range of options. >> at the president a couple hours ago you saw it on tape on cnbc a couple hours ago on where the president stands on launch of a military strike on syria. back to the middle east, we go to ayman. >> reporter: certainly the presentation made by secretary of state john kerry regarding the intelligence that the u.s. has, has received mixed rea
there and new branches in florida where we want to fill out that franchise. a few in the washington, d.c. and of course boston is another area of concentration. >> we just sited in the introduction some analysts that see head winds for canadian banks in the future. gordon nixon just told us he thinks the real estate market in canada is still doing well. economy is holding up. what head winds do you see either in canada or here in the united states for you guys? >> so it is different in the two countries. i think they frankly, and i think gordon is reflecting, they think outside canada people worried about the housing bubble more than we werery about it inside canada. definitely our mortgage, personal mortgage growth for the industry, slowed down. and is growing in the 3 to 4% range. but that's not off, it is still continuing to grow and things like business banking are growing double digits lending growth. overall, tdk aechb trust, our personal bank in canada, had earnings growth of 12%. that's good rate of income growth. in the u.s. it is different. earning 22%. so also, record -- we
. so what is the fallout? well, there has been bipartisan move in washington but some bloggers are taking shots. it said that obama did not refuse to meet with putin because of human rights violations in russia but rather because of rights violations in the united states. another from a pro putin newspaper, russia strictly speaking does not care. what can we expect from obama's visit anyway, a second reset? the first one failed. who even remembers the first one. this is just the latest from an emboldened and combative russia under putin. he seems to be in there for life. he poked america's eye by taking in snowden by on all things we really need russia's cooperation. he consistently takes the opposition of the united states. he has banned american couples from adopting russia babies. so far the only reaction from our government has been to cancel the meeting. you have to believe it won't be the last and certainly the long term impact remains unclear. before we go take a look at the markets today and some of the hot stocks that we've been talking about all day. the dow down 48 p
with the "washington post." i had a tweet from a viewer saying, what about bloomberg buying it and using the handheld device for the trading terminals? everybody's got an application idea for blackberry out there. but is it too late, do you think, jefferson? >> well, i think it's too late. i'd love to imagine a world where the blackberry is part of the amazon family, and it ties in with the kindle, and amazon has wireless phone in a system that they can call their own. but they're going to need so many millions of dollars -- i mean, you're talking hundreds of millions of dollars that you would need to try to take on apple and google. and i just donee -- even as successful as amazon is, them being able to pull out that kind of cash to do it. i think the ship has sailed. the other problem -- as good as blackberry is, because many people just love it -- remember that the develop -- what makes these phones so great are the applications. that go on them. apple actually has almost -- a little bit more apps than google, and people go to the phones for the apps. we live in an app world now. app developers ki
. george washington was our first disti distiller. it's not home and it's not work but we all participate in it at some stage in our lives. >> absolutely. it's a good story. good to have you on the program. >> great to be here. >> jon taffer joining us with his book, raise the bar. the selloff, my observation is next. we're cracking down on medicare fraud. the healthcare law gives us powerful tools to fight it... to investigate it... ...prosecute it... and stop criminals. our senior medicare patrol volunteers... are teaching seniors across the country... stop, spot, and report fraud. you can help. guard your medicare card. don't give out your card number over the phone. call to report any suspected fraud. we're cracking down on medicare fraud. let's make medicare stronger for all of us. the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fide
Search Results 0 to 12 of about 13